{"id":10897,"date":"2025-02-02T09:01:55","date_gmt":"2025-02-02T09:01:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10897"},"modified":"2025-02-02T09:01:55","modified_gmt":"2025-02-02T09:01:55","slug":"bitcoin-slips-for-third-consecutive-day-as-canadas-trudeau-retaliates-to-trumps-tariffs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10897","title":{"rendered":"Bitcoin Slips For Third Consecutive Day as Canada&#8217;s Trudeau Retaliates to Trump&#8217;s Tariffs"},"content":{"rendered":"<div>\n<p>Bitcoin (BTC), the leading cryptocurrency by market value and the only macro asset open for trading over the weekend, held below $100,000, trading weak for the third straight day, as <a href=\"https:\/\/www.thehindu.com\/news\/international\/mexican-president-canada-trudeau-order-retaliatory-tariffs-against-us-trump\/article69171653.ece\" target=\"_blank\">Canada joined Mexico<\/a> in announcing retaliatory import tariffs against the United States.<\/p>\n<p>Prime Minister Justin Trudeau said Canada would impose 25% tariffs on U.S. goods, from drinks to appliances, after <a href=\"https:\/\/apnews.com\/article\/trump-tariffs-trade-china-mexico-canada-inflation-753a09d56cd318f2eb1d2efe3c43b7d4\" target=\"_blank\">President Donald Trump imposed<\/a> a 25% tariff\u00a0on Canadian and Mexican imports and 10% on goods from China. China said it would file a case against the U.S. at the World Trade Organization while vowing unspecified countermeasures to safeguard its interests.<\/p>\n<p>The renewed trade war, coupled with mass deportations of illegal migrants from the U.S., <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/01\/29\/essential-insights-to-monitor-during-wednesday-s-no-change-fed-meeting\" target=\"_blank\">could add to inflation<\/a>, weakening the case for speedy Fed rate cuts. BTC&#8217;s price weakness likely reflects these concerns and offers risk-off cues to traditional risky assets. The broader crypto market followed BTC lower, with the CoinDesk 20 Index falling over 2%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC), the leading cryptocurrency by market value and the only macro asset open for trading over the weekend, held below $100,000, trading weak for the third straight day, as Canada joined Mexico in announcing retaliatory import tariffs against the United States. Prime Minister Justin Trudeau said Canada would impose 25% tariffs on U.S. goods, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10897","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10897"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10897\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}